An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

Federal prosecutors charge two men in a $200 million Ponzi scheme involving fake water vending machine profits.

The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised ...

Total losses by Marshall’s investors fall short of the multibillion-dollar Ponzi scheme masterminded by Bernie Madoff. But ...

This story was updated with a statement from Heller's bankruptcy attorney that was received after the story was posted.

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest ...

Trump nominated E.J. Antoni two weeks after firing Erika McEntarfer, accusing her of rigging job report numbers to make him ...

Ryan Wear is accused of raising money from investors by selling them water vending machines that, in many cases, did not ...

On Aug. 7, Robert Diamond was led away in handcuffs in front of many of those same friends to begin serving a six-month jail ...

For decades, Miles "Burt" Marshall was the man you went to see in a stretch of upstate New York if you had some money to invest but wanted to keep it local.

Thomas Petters orchestrated a $3.7 billion Ponzi scheme using empty warehouses and fake purchase orders to dupe sophisticated ...